Heritage Commerce Corp Declares Quarterly Cash Dividend of $0.08 Per Share
October 26 2015 - 5:22PM
Heritage Commerce Corp (Nasdaq:HTBK), today
announced that its Board of Directors declared a quarterly cash
dividend of $0.08 per share to holders of common stock and Series C
Preferred Stock (on an as converted basis). The dividend will be
payable on November 24, 2015, to shareholders of record on November
10, 2015.
"As our franchise continues to deliver strong performance, we
are pleased to be able to pay our quarterly cash dividend," said
Walter Kaczmarek, President and Chief Executive Officer. "Cash
dividends are one way to create shareholder value, and we
appreciate the loyalty of our shareholder base."
Heritage Commerce Corp, a bank holding company
established in February 1998, is the parent company of Heritage
Bank of Commerce, established in 1994 and headquartered in San Jose
with full-service branches in Danville, Fremont, Gilroy, Hollister,
Los Altos, Los Gatos, Morgan Hill, Pleasanton, Sunnyvale, and
Walnut Creek. Heritage Bank of Commerce is an SBA Preferred Lender.
Bay View Funding, a subsidiary of Heritage Bank of Commerce, is
based in Santa Clara and provides business‑essential working
capital factoring financing to various industries throughout the
United States. For more information, please visit
www.heritagecommercecorp.com.
Member FDIC
CONTACT: Heritage Commerce Corp
Debbie Reuter, EVP, Corporate Secretary
(408) 494-4542
Heritage Commerce (NASDAQ:HTBK)
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